Titan Wealth CI Ltd Takes Position in Lockheed Martin Corporation $LMT

Titan Wealth CI Ltd bought a new stake in shares of Lockheed Martin Corporation (NYSE:LMTFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,619 shares of the aerospace company’s stock, valued at approximately $5,620,000. Lockheed Martin makes up approximately 2.2% of Titan Wealth CI Ltd’s portfolio, making the stock its 26th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of LMT. Carret Asset Management LLC lifted its stake in shares of Lockheed Martin by 4.0% in the 4th quarter. Carret Asset Management LLC now owns 1,959 shares of the aerospace company’s stock valued at $948,000 after purchasing an additional 76 shares during the period. Taikang Asset Management Hong Kong Co Ltd bought a new position in shares of Lockheed Martin during the fourth quarter valued at approximately $4,653,000. Opal Capital LLC bought a new position in shares of Lockheed Martin during the fourth quarter valued at approximately $368,000. Beacon Investment Advisors LLC lifted its holdings in shares of Lockheed Martin by 0.4% during the fourth quarter. Beacon Investment Advisors LLC now owns 6,622 shares of the aerospace company’s stock valued at $3,203,000 after purchasing an additional 24 shares during the last quarter. Finally, Rothschild Wealth LLC bought a new stake in shares of Lockheed Martin in the 4th quarter worth approximately $629,000. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Lockheed Martin

Here are the key news stories impacting Lockheed Martin this week:

Wall Street Analyst Weigh In

Several research firms recently weighed in on LMT. BNP Paribas Exane cut their price target on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a research note on Friday, April 24th. TD Cowen lowered their price objective on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating for the company in a research note on Friday, April 24th. DZ Bank raised Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Jefferies Financial Group reissued a “hold” rating and issued a $595.00 target price on shares of Lockheed Martin in a research note on Sunday, April 26th. Finally, Weiss Ratings downgraded Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $620.68.

View Our Latest Stock Report on LMT

Lockheed Martin Trading Up 1.1%

NYSE:LMT opened at $536.16 on Wednesday. The stock has a market cap of $123.62 billion, a price-to-earnings ratio of 25.96, a PEG ratio of 0.96 and a beta of 0.10. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. The company’s 50 day moving average price is $544.52 and its 200-day moving average price is $564.30. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00.

Lockheed Martin (NYSE:LMTGet Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). The firm had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.Lockheed Martin’s revenue was up .3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, equities research analysts forecast that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be paid a $3.45 dividend. The ex-dividend date is Monday, June 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. Lockheed Martin’s payout ratio is currently 66.83%.

Lockheed Martin Profile

(Free Report)

Lockheed Martin Corporation (NYSE: LMT) is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.

Lockheed Martin’s product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons.

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Institutional Ownership by Quarter for Lockheed Martin (NYSE:LMT)

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